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We know Amazon values historical product data but they’ve also baked in predictive abilities into their algorithm that weigh the potential success of a product.
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Read more than 3,344 reviews… Homepage Since Amazon updates its rankings so frequently, “really what it measures is velocity of sales … over a short period of time rather than an absolute number of sales over a longer period,” says Caroline Eisenmann, an associate agent at Frances Goldin. “What it reflects is how a book is selling relative to the other books on Amazon during any one time.”
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Audible in the News It should be noted that print sales vary week to week on Amazon, and just because a calculated estimate for Hyrule Historia yielded a daily sales number of 328 for the week ended March 3, it doesn’t mean it takes 328 copies sold on any given day to have a top-five Amazon bestseller. For the week ended February 24, for instance, Hyrule Historia sold 8,573 print copies, according to Nielsen BookScan, which means it sold about 1,530 copies per day across all outlets. If we apply our 30% estimate based on how much of print sales are accounted for by Amazon, that means Hyrule Historia sold about 459 copies per day on Amazon to maintain its top-five ranking. During the holiday season and other brisk sales periods, the number to hit the bestseller list is certainly higher, but for large parts of the year it only takes a few hundred copies a day, not a few thousand, to get to the top of Amazon’s daily charts.
REJOINER RESOURCES This post originally appeared here: https://www.amarketingexpert.com/kdp-amazon-bestseller-news/
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